If you’re collecting Social Security, you could soon see a direct deposit of $1,832 in your account. That’s the average monthly payment for 2025, thanks to a 2.5% Cost-of-Living Adjustment (COLA) meant to help retirees keep up with inflation.
But not everyone gets the same amount. Your actual payment depends on how much you earned during your working years, the age you start collecting benefits, and your total work history.
Who Qualifies for Social Security Benefits?
To be eligible for Social Security, you need to meet three key requirements:
Work History: You must have at least 10 years (or 40 work credits) of covered employment under Social Security. In 2025, you earn one credit for every $1,810 in wages, up to four credits per year.
Earnings Record: The Social Security Administration (SSA) calculates your monthly check based on your 35 highest-earning years. More earnings = a bigger check.
Retirement Age: The age you start collecting benefits makes a huge difference in your payment amount:
- Full Retirement Age (FRA): If you were born between 1943 and 1960, your FRA is between 66 and 67. If you claim benefits at FRA, you get your full benefit amount.
- Early Retirement (Age 62): You can start taking benefits at 62, but your monthly check will be permanently reduced (by about 0.5% per month before FRA).
- Delayed Retirement (After FRA): If you wait to claim benefits past FRA, your payment increases every month until you reach age 70.
When Will You Get Paid? 2025 Social Security Payment Schedule
Social Security payments are sent out based on your birth date:
Birthdays on the 1st–10th: Paid on the second Wednesday of the month.
Birthdays on the 11th–20th: Paid on the third Wednesday of the month.
Birthdays on the 21st–31st: Paid on the fourth Wednesday of the month.
For example, in January 2025, payments will go out on:
January 8 (if your birthday is between the 1st and 10th)
January 15 (if your birthday is between the 11th and 20th)
January 22 (if your birthday is between the 21st and 31st)
Bonus Payment Alert: If you receive Supplemental Security Income (SSI), expect an extra deposit on January 31, 2025, to adjust for February’s short month.
How to Make Sure You Get Paid on Time
To avoid payment delays, take these steps now:
Check Your SSA Account: Log into your “my Social Security” account to verify your benefit amount and payment schedule.
Keep Your Info Updated: Make sure your bank details and mailing address are correct.
Choose Direct Deposit: Avoid check delays by setting up direct deposit—it’s the fastest way to receive your money.
Will You Have to Pay Taxes on Social Security?
Yes, depending on your income. Here’s how the IRS taxes Social Security benefits:
- Single filers: If your total income is over $25,000, up to 50% of your benefits may be taxed. If it’s over $34,000, up to 85% of your benefits may be taxed.
- Married couples filing jointly: If your income is over $32,000, up to 50% of your benefits may be taxed. Over $44,000, and up to 85% could be taxed.
To avoid surprises, consult a tax professional or use the IRS’s tax calculator to estimate your tax burden.
Bottom Line
The $1,832 average monthly Social Security payment in 2025 is a result of the COLA increase, helping retirees keep up with the cost of living. While the actual amount varies from person to person, staying informed about eligibility, payment schedules, and taxes will help you maximize your benefits.
Make sure to check your SSA account, update your direct deposit information, and mark your payment dates on your calendar.
